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Jury number does him i don t know if ever it told you what we paid but i told the nation at thank i said 2000 times it was a lot higher. i know it s what you get used to and people get used to lower rates and some states putting a stop to the housing industry. dew you agree with that? i don t. 1 of the surprises for me is how resilient housing and the housing market broadly has been in the last couple years while we raise interest rates. as you noted mortgage rates are above 7%. out of thought that would ve slammed the brakes on the housing market. what we ve seen is the single-family home market has slowed down. multifamily market or apartment building market has kept up much stronger and if you look at construction employment, it s continued to climb throughout this period we ve raised interest rates. so it s actually a head scratcher for me, how is it housing has been as resilient as ....
Some republican to push your grandma and grandpa off a cliff. now, in contrast, here s what they won t talk about. aand it s a long list. they re not going to talk about the failure of joe biden s border crisis. they re not going to talk about the drug crisiey will s. they re not going to talk about joe biden s inflation. they re not going to taljoe bisk about the horrible educational system because of the democratic party s unholy alliance with teachers union. they re not going to talk about affordabley it housing,, e homelessness, biden-nomics. they ve been talking about it for a yearno . s what yeah, guess what? only 34% of americans of am actually think the economy is decent, even decent. erallye econwon t talk about lae and safety and security. they don tr and safe want to tan about international affairs. they don t want to talk about the war in ukraine tt toku and europe. they don t want to talk about the war in the middle east and gaza. out the e eastdon t want to cal terrorism ....
Able to rent in the private sector. now for many families on good salaries it seems they can t afford to rent in the private sector. that is for a range of reasons that was covered earlier in your report but we also need to do more to support families to prevent them becoming homeless in the beginning. a system of support to have intervention when things start to go wrong. but we also need the safety net of good quality and funded affordable housing so we are able to step in and afford the families when they do reach that position and we are able to get them into long term houses of their own quickly and it is a whole range of services. but this isn t entirely surprising when you look at the cost of living crisis, so people struggling to pay their rent. just hel us struggling to pay their rent. just help us understand what is actually causing this, because is at the cost of housing, the availability of housing or a combination of all those factors? it housing or a combination of all th ....
Week and what if you heard from folks about what they hope for going forward? vermonters, we are glued to c-span, and they were sending me and my wife and family updates by the hour, and they could not believe what they were watching. they felt like this does not happen in america and it was an indication, i, think of what is to come, so the good part, the upside of that downside, sitting on the floor for so many hours, is that we had an opportunity to talk with many people within my own caucus, but also a few folks across the aisle in the republican conference. and there are people there that want to get work done. i will continue to seek them out. we have desperate need for investment in mental health supports and it housing in vermont and i will continue to fight for those things, even if we are in the minority. all right. we will be watching. congresswoman, thank you very much and congratulations to you. we will continue our ....
Administration has made it clear to every governor whatever they need when they need it, when they need it. make it known to me. it will get to them as rapidly, as rapidly as we can. that s what we are doing here. we re going to have to go beyond what is available to the federal government. it will, fema can can up can come up with money. we can provide hotel rooms in places where folks can move in the meantime. there s a lot to be done. we are just getting underway. we are going to work with all the governors to make sure. reporter: mr. president, what do you believe your role, the people affected by this. the long-term problems, is it housing? what part of the recovery do you worry about? president biden: what i worry about most in a ....